“The beginning of the slipforming is a major milestone in the expansion of the factory in Karlskrona. The tower will significantly strengthen our ability to meet the growing demand for larger and longer high-voltage offshore cables essential for the green transition. The ongoing investments are central to the execution of our large order backlog and prepares us for the positive development we expect in the high-voltage power cable market. With the capacity expansion, we continue to be a leading power cable provider for the global energy infrastructure,” says Darren Fennell, Executive Vice President and Head of HV Solutions Karlskrona in NKT.
The extrusion tower is crucial in adding insulation to the high-voltage power cables produced at the Swedish facility. The construction of the tower is part of a larger investment program in NKT’s high-voltage power cable business, which also includes a second cable-laying vessel set to be operational from 2027 alongside the factory expansion. As part of this growth, NKT plans to recruit over 500 new employees by 2027 and is on track with the hiring process in Karlskrona.